#ONDO 💥
$ONDO TVL just crossed $3B, but an SEC exemption is the real catalyst everyone is waiting for.
The tokenized stock market is exploding, and ONDO is sitting at the center of it. Ondo Finance now commands roughly 60% of the tokenized equity sector and has pushed its Total Value Locked past $3 billion. The protocol's tokenized Treasury products alone have expanded by $2 billion in just one month. A project-controlled multisig wallet has moved approximately 328 million ONDO (worth around $98 million) to exchanges over the past two months. While that created selling pressure, whale wallets holding 1 million to 10 million
$ONDO added roughly 38.67 million tokens this month, absorbing that supply.
The bigger story is institutional.
$ONDO has partnered with BlackRock, Morgan Stanley, JPMorgan, Mastercard, and Ripple. A cross-border redemption of tokenized U.S. Treasuries was completed in under five seconds with JPMorgan's Kinexys. The SEC is reportedly preparing an innovation exemption for blockchain-based securities trading, which would remove a major regulatory hurdle.
Current: 0.4380 | 4h
I'd only buy if we reclaim 0.4453 and hold
First buy I'd look 0.4201 → 0.4380
Second buy 0.3888 → 0.4000 (only on sweep)
TP1: 0.4515
TP2: 0.4829
TP3: 0.5200
Invalid if 4h close below 0.3888
No entries in the middle.
Do you see a reclaim of 0.4453 or a sweep to 0.4201?
#Spot #MyTradingStyle Levels shared for reference. DYOR.